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Brian Hawes

brian.hawes@engelvoelkers.com +1(760) 828-8340

$ 494,000

Est. payment -/mo

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Price Dropped by $5K

38155 5TH AVE Zephyrhills, FL 33542

6 Beds

5 Baths

2,744 SqFt

UPDATED:

10/14/2024 05:08 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,744 sqft

Price per Sqft $180

Subdivision City Zephyrhills

MLS Listing ID TB8309207

Bedrooms 6

HOA Y/N No

Originating Board Stellar MLS

Year Built 1920

Annual Tax Amount $4,369

Lot Size 0.280 Acres

Acres 0.28

Lot Dimensions 136X90

Property Description

Gross annual income of $61,200. This 5-unit multi-family property has one unit freshly rehabbed and vacant, and 1 new vacancy. This sale includes 2 separate buildings, and each are on their own parcel. The main building fronts 5th Avenue (SR 54) is currently used as an income producing triplex which consists of a 2/1 two story unit with central a/c (Apt. 1: $1200 monthly includes water), a 2/1 apartment on the first level (Apt. 2: $1100 monthly includes water) (Apt. 3: efficiency for $795 monthly includes water & electric). The additional parcel, immediately north offers a duplex of two 1/1 apartments which are addressed as 5141 & 5143 4th Street (Apts. 4 & 5: $925 each monthly includes water). Apartment 1 and Apartment 3 share an electric meter. All other units have their own electric meters. Each building has its own water meter paid by landlord. Both buildings and units have been nicely updated over the last 4 years. Roofs replaced SEP 2022 with wind mitigation reports. Building’s sidings are newly repaired with fresh exterior paint. Location is across the street from Zephyr Park and has bus stops within one block. This downtown location could be suited for business or investment, and with the Commercial TMU Zoning (Traditional Mixed Use), this property offers a variety of income or commercial possibilities.

Location

State FL

County Pasco

Community City Zephyrhills

Zoning TMU

Interior

Interior Features Ninguno

Heating Central, Wall Units / Window Unit

Cooling Central Air, Wall/Window Unit(s)

Flooring Carpet, Ceramic Tile, Laminate, Vinyl

Fireplace false

Appliance Electric Water Heater, Range, Range Hood, Refrigerator

Laundry None

Exterior

Exterior Feature Sidewalk

Garage Guest, None, On Street, Open

Community Features Park, Racquetball, Sidewalks, Tennis Courts

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Amenities Available Park, Racquetball, Tennis Court(s)

Waterfront false

View City, Park/Greenbelt

Roof Type Shingle

Porch Deck, Patio, Porch, Screened

Parking Type Guest, None, On Street, Open

Garage false

Private Pool No

Building

Lot Description Corner Lot, City Limits, Near Public Transit, Sidewalk, Paved

Entry Level Two

Foundation Crawlspace, Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Wood Frame,Wood Siding

New Construction false

Schools

Elementary Schools West Zephyrhills Elemen-Po

Middle Schools Raymond B Stewart Middle-Po

High Schools Zephryhills High School-Po

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Membership Fee Required None

Listing Terms Cash, Conventional

Special Listing Condition None

Listed by DALTON WADE INC

Brian Hawes

Advisor | License ID: SL3425990

+1(760) 828-8340

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